Sharing power, spreading wealth: towards an equitable energy transition for Wales
Think tank: Institute of Welsh Affairs
Author(s): Lydia Godden
March 24, 2024
This report from UK think tank the Institute of Welsh Affairs make recommendations to ensure that Welsh communities benefit from the transition to Net Zero.
In our new report written by Lydia Godden, Sharing power, spreading wealth, we make recommendations to ensure that Welsh communities benefit from the transition to Net Zero. Despite ambitious targets, a lack of strategic dialogue and policy guidance currently allows wealth to leak out of Wales.
Our research explores how to avoid repeating past mistakes and patterns of resource extraction from occurring again, in order to secure tangible social and economic outcomes for Wales’ communities.
Across the whole of Wales, communities that host renewable energy projects must not only retain income from commercial developments but play a meaningful part in owning local renewable energy projects to ensure long term benefits are retained.
